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📖 Day 1 · Quiz (Single Choic
If Ethereum breaks through 4400 USD, the cumulative short order liquidation intensity of major CEXs will reach 709 million.
On September 9, according to Coinglass data, if Ethereum breaks through $4400, the cumulative short order liquidation intensity on mainstream CEX will reach 709 million. Conversely, if Ethereum falls below $4200, the cumulative long order liquidation intensity on mainstream CEX will reach 1.96 billion. BlockBeats note: The liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that after the price reaches it, there will be a stronger reaction due to liquidity waves.